Liquidations

The post Solana (SOL) Price to Skyrocket to $174 as Experts Warn of $2.98 Bln Short Liquidations appeared first on Coinpedia Fintech News The Solana price has seen a significant rise, similar to major cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC). Since last week, it has surged by 12%, now settling at $156.7 from its recent low of around $121.50. Given this bullish market, renowned crypto analyst Ali Martinez predicts that Solana (SOL) could surge to $174. Key Pattern Indicates…

The post Bitcoin Price Prediction: All Eyes On Multi-Billion Dollar Liquidations As Bulls Aim To Reclaim $65k appeared first on Coinpedia Fintech News Bitcoin is currently experiencing a bullish divergence, with an important multi-billion dollar liquidation event potentially on the edge. The Bitcoin chart indicates a struggle around the $63,000 to $64,000 resistance area in the short term, according to analyst Josh of Crypto World. However, a breakout above this level could lead to a major short squeeze, potentially pushing…

American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market.  JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday, JP Morgan suggested that BTC liquidations should abate this July, foreseeing the start of a strong bull market as bearish trends caused by sell-offs subside.…

The post Crypto Liquidations To Subside, BTC And Crypto Market To Rebound: JP Morgan appeared first on Coinpedia Fintech News Bitcoin And Crypto Market To Rebound In a recent research report on Thursday, JP Morgan stated that the crypto liquidations should decrease this month and the market is expected to see a massive rebound from August onward. The bank has also reduced its year-to-date crypto net flow estimate from $12 billion previously to $8 billion in an updated projection.   The…

The post Bitcoin Plummets Below $55,000 Amid Massive Liquidations appeared first on Coinpedia Fintech News Bitcoin’s price has fallen below the $55,000 mark for the first time since February, marking a dramatic decline of 13% within just four hours. The leading cryptocurrency experienced an intraday fall of 4.46%, signaling significant market volatility. The broader crypto market also faced substantial long liquidations over the past two days, totaling $697 million. Bitcoin alone accounted for $207 million of these liquidations, highlighting the…

The post Ethereum Faces Over $80 Million in Liquidations as Whale Transactions Decline! What’s Next for ETH Prices? appeared first on Coinpedia Fintech News Today, the cryptocurrency market faced a lot of selling, causing the price of Bitcoin to fall sharply below important support levels and head toward a low of $59,000. This drop was triggered by an announcement from Mt. Gox about starting repayments, which led to fears of more selling. At the same time, the price of Ethereum…

Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone. 91,000 Crypto Traders Lose $282 Million Amid Bitcoin Crash Data from Coinglass has shown that tens of thousands of crypto traders have lost their leverage positions in…

Several well-known altcoins, such as Dogecoin (DOGE), Polygon (MATIC) and Maker (MKR), have faced liquidations worth millions. Amid so much uncertainty, some traders are looking for safer options, which is where Rollblock (RBLK) comes in. This new Stage 3 presale star has the potential to kick-start another bull market and become the next 50x altcoin in 2024. Dogecoin (DOGE): A Massive Liquidation Spike Dogecoin (DOGE) is one of the top altcoins at the moment. However, more than $60M of long…

A sudden and dramatic crash in the value of Curve Finance’s native token, CRV, has resulted in substantial losses for bullish investors and the platform’s founder, Michael Egorov. Blockchain analysis platform Arkham reported that Egorov faced liquidations totaling $140 million in CRV. Curve Finance Founder Egorov Liquidated In a social media post on X (formerly Twitter), Arkham confirmed that Egorov’s lending position worth nine figures was liquidated across five protocols due to the price of CRV dropping below his liquidation…